Tesla board forms committee to consider going private Tesla's board of directors says it has formed a special committee to consider Chief Executive Elon Musk's proposal to take the electric auto giant private. Business • 14 Aug 18
Silver Lake, Goldman advising on taking Tesla - Musk Tesla Chief Executive Elon Musk tweeted yesterday that he was working with buyout firm Silver Lake and investment bank Goldman Sachs Group as financial advisers ... Business • 14 Aug 18
Saudis back bid to make Tesla private - Musk Tesla CEO Elon Musk said a 31 July meeting with Saudi Arabia's sovereign wealth fund convinced him he could secure funding to take the electric ... Business • 13 Aug 18
Tesla moves first to hike prices in China US carmaker Tesla has hiked prices on its Model X and S cars by about 20% in China, becoming the first car maker to raise ... Business • 10 Jul 18
Tesla hits 5,000 Model 3 production target Tesla said today it produced 5,031 Model 3 electric cars in the last seven days of its second quarter, beating its long-elusive production target after ... Business • 02 Jul 18
Tesla cuts 9% of workforce in search for profit Electric car maker Tesla is cutting several thousand jobs across the company as it seeks to reduce costs and become profitable without endangering the critical ... Business • 13 Jun 18
Tesla's Musk admits Model 3 braking issue Tesla's chief executive Elon Musk has sought to play down a report identifying "big flaws" in its Model 3 car, admitting there is a braking ... Business • 22 May 18
Tesla shares, bonds drop as CEO Musk snubs Wall Street Tesla chief Elon Musk's refusal to answer "boring" Wall Street questions about the electric car maker's financial condition has sent shares down as much as ... Business • 03 May 18
Tesla reports narrower than expected quarterly losses Tesla last night said it lost less money than the market expected and said it was making progress ramping up production of Model 3 electric ... Business • 03 May 18
Tesla says Model 3 production shut down temporarily Tesla has temporarily suspended its Model 3 assembly line in what the company said was a planned production pause, as the car maker continues to ... Business • 17 Apr 18
Tesla shares rise on higher Model 3 production rate Embattled electric car maker Tesla said it had ramped up quarterly production on its Model 3 sedan, although it still fell short of its goal ... Business • 03 Apr 18
Tesla shareholders clear Musk's $2.6 billion pay plan Shareholders of electric car company Tesla have approved a pay package potentially worth $2.6 billion for chief executive Elon Musk, though by a lower margin ... Business • 22 Mar 18
Over 50% of new Norway car sales now electric or hybrid Sales of electric and hybrid cars exceeded half of new registrations in Norway in 2017, a record aided by generous subsidies that extended the Nordic ... Business • 03 Jan 18
Tesla's unfettered ambition expected to drain finances Tesla will face further questions about how fast it is burning through its cash pile and how soon it will have to ask creditors and ... Business • 17 Nov 17
Tesla deliveries rise in third quarter Luxury electric vehicle maker Tesla said its deliveries rose 4.5% in the third quarter from the same time last year. Business • 03 Oct 17
Tesla to raise $1.5 billion through junk bond offering Tesla has said it will raise about $1.5 billion through its first-ever offering of junk bonds as the US luxury electric car maker seeks fresh ... Business • 08 Aug 17
Tesla shares rise as investors bet on Model 3 success Tesla shares have risen 6% today as investors continue to bet on CEO Elon Musk's ability to successfully take the company out of "manufacturing hell" ... Business • 03 Aug 17
Tesla market value overtakes Ford Electric car maker Tesla has overtaken Ford to become the second-largest US car maker. Business • 04 Apr 17
Tesla delivers quarterly record of 25,000 cars in Q1 Tesla, the US luxury electric car maker, said first-quarter vehicle deliveries jumped 69% from a year ago to a quarterly record of 25,000 vehicles. Business • 03 Apr 17
Tesla deal boosts Chinese presence in US car tech China's Tencent Holdings has bought a 5% stake in US electric car maker Tesla for $1.78 billion. Business • 29 Mar 17